FAQ 293: Forfeitures--Forfeited amounts are reappearing after Update to New Period

Problem:

I rolled my plan forward to the next plan year using the Update to New Period utility and the forfeited amounts reappeared in the forfeited employees' records.


Solution:

In order for this problem not to happen again, you need to go into your Matching source specs and make a change. Take the letter "A" out of the "Groups with Forfeitures in Suspense" field and save the specs. Since you have the same group code A in "Groups Forfeit Non-Vested Benefit" field, the system didn't know what to do with the forfeited amounts, so it left them in the employees' records.